Galveston Research, Pricing, and Statistics
Units Sold:
752
Average Sold Price:
$475,265
Average Sold Discount:
8%
Average Price Reduction:
3%
Average DOM:
137
The Galveston market area offers a diverse range of homes, with 1,941 properties currently for sale. Prices vary significantly, from $40,000 to $4,250,000, with an average list price of $602,986. Homes typically range from 320 to 17,641 square feet, making it a great time for buyers and sellers alike to explore their options!
Active Listings
1,954
Average List Price
$602,952
Typical List Price
$339k to $725k
Homes Listed per Price Range
A visual list price spectrum representation
| $20kto$232k | $232kto$443k | $443kto$655k | $655kto$866k | $866kto$1.1M | $1.1Mto$1.3M | $1.3Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.9M | $1.9Mto$2.1M | $2.1Mto$2.3M | $2.3Mto$2.6M | $2.6Mto$2.8M | $2.8Mto$3.0M | $3.0Mto$3.2M | $3.2Mto$3.4M | $3.4Mto$3.6M | $3.6Mto$3.8M | $3.8Mto$4.0M | $4.0Mto$4.3M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 216 | 600 | 551 | 259 | 131 | 67 | 47 | 23 | 27 | 5 | 5 | 8 | 2 | 3 | 3 | 3 | 1 | 1 | 1 | 2 |
Sold Listings
752
Average Selling Price
$475,265
Typical Selling Price
$225k to $586k
Homes Sold per Price Range
A visual sold price spectrum representation
| $20kto$189k | $189kto$358k | $358kto$527k | $527kto$696k | $696kto$865k | $865kto$1.0M | $1.0Mto$1.2M | $1.2Mto$1.4M | $1.4Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.9M | $1.9Mto$2.0M | $2.0Mto$2.2M | $2.2Mto$2.4M | $2.4Mto$2.6M | $2.6Mto$2.7M | $2.7Mto$2.9M | $2.9Mto$3.1M | $3.1Mto$3.2M | $3.2Mto$3.4M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 140 | 205 | 171 | 95 | 59 | 27 | 18 | 15 | 3 | 5 | 2 | 4 | 3 | 1 | 2 | 1 | 2 | |||
Average Sold Price per Sq Ft
$371
Typical Sold Price per Sq Ft
$277 to $437
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $25to$68 | $68to$112 | $112to$155 | $155to$199 | $199to$242 | $242to$286 | $286to$329 | $329to$373 | $373to$416 | $416to$460 | $460to$503 | $503to$547 | $547to$590 | $590to$634 | $634to$677 | $677to$721 | $721to$764 | $764to$808 | $808to$851 | $851to$895 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5 | 10 | 30 | 69 | 79 | 69 | 78 | 84 | 88 | 39 | 23 | 29 | 13 | 10 | 5 | 3 | 7 | 1 | 1 | 2 |
Average Days to Sell
137
Typical Days to Sell
26 to 209
Days on the Market Distribution
The number of homes sold in each DOM range
| to74 | 74to149 | 149to223 | 223to298 | 298to372 | 372to446 | 446to521 | 521to595 | 595to670 | 670to744 | 744to818 | 818to893 | 893to967 | 967to1,042 | 1,042to1,116 | 1,116to1,190 | 1,190to1,265 | 1,265to1,339 | 1,339to1,414 | 1,414to1,488 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 357 | 124 | 105 | 75 | 43 | 17 | 9 | 12 | 4 | 4 | 3 | |||||||||
Average Price Reduction
3%
Typical Price Reduction
0% to 5%
Price Reduction Distribution
Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)
| -26%to-22% | -22%to-18% | -18%to-15% | -15%to-11% | -11%to-7% | -7%to-4% | -4%to0% | 0%to4% | 4%to8% | 8%to11% | 11%to15% | 15%to19% | 19%to22% | 22%to26% | 26%to30% | 30%to34% | 34%to37% | 37%to41% | 41%to45% | 45%to48% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 3 | 3 | 12 | 1,812 | 333 | 385 | 225 | 131 | 68 | 56 | 22 | 17 | 5 | 6 | 4 | 6 | 9 | |
Average Discount from Original List
8%
Typical Sold Discount from Original List
2% to 12%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -22%to-19% | -19%to-15% | -15%to-12% | -12%to-9% | -9%to-5% | -5%to-2% | -2%to2% | 2%to5% | 5%to8% | 8%to12% | 12%to15% | 15%to19% | 19%to22% | 22%to25% | 25%to29% | 29%to32% | 32%to36% | 36%to39% | 39%to43% | 43%to46% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 2 | 3 | 13 | 129 | 175 | 147 | 85 | 58 | 39 | 35 | 17 | 15 | 6 | 5 | 6 | 3 | 5 | |
Average Discount from Last List
5%
Typical Sold Discount from Last List
1% to 7%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -33%to-29% | -29%to-25% | -25%to-21% | -21%to-18% | -18%to-14% | -14%to-10% | -10%to-6% | -6%to-2% | -2%to2% | 2%to6% | 6%to10% | 10%to14% | 14%to18% | 18%to22% | 22%to26% | 26%to30% | 30%to34% | 34%to38% | 38%to42% | 42%to46% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 2 | 2 | 17 | 234 | 260 | 138 | 52 | 22 | 8 | 6 | 2 | 1 | 1 | 1 | 3 | |||
All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.
Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.
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